SOURCE: Bharosa

April 20, 2006 13:31 ET

Air Force Expands Adoption of Bharosa Online Security Solutions

SANTA CLARA, CA and WARNER ROBINS, GA -- (MARKET WIRE) -- April 20, 2006 --The United States Air Force today announced it has agreed to procure additional software licenses from Bharosa, Inc., a global provider of secure multifactor authentication solutions, in order to use Bharosa technology even more broadly to secure Air Force operations. The Air Force conducts highly sensitive online operations requiring the strongest access management solutions available.

New applications of the Bharosa technology will include securing online development sites for two of the Air Force's major weapon systems. Currently, Bharosa Authenticator and Tracker products are licensed by the Air Force to secure a variety of online logistics and engineering applications, ranging from aircraft monitoring to workflow collaboration among Air Force engineers.

Bharosa's Authenticator product combats sophisticated identity theft attacks, including Phishing, Trojans and Proxy-based Fraud, using state-of-the-art data encryption methods. Bharosa's Tracker product monitors and scores risk and detects online fraud. Together, these Bharosa products offer security strengths characteristic of hardware combined with the flexibility, affordability and ease of use of the Web.

"We are pleased our technology will be able to address a new set of critical security needs for the Air Force," said Thomas Varghese, president and CTO of Bharosa. "We have designed our technology to be strong and versatile enough to fulfill the most stringent online security requirements. Our expanding relationship with the Air Force attests to this."

Bharosa is licensed to more than 10.4 million users in 64 countries including four of the top 100 U.S. banks, one of the largest financial institutions in South America (Peru's Cavali ICLV SA), the U.S. Air Force, healthcare organizations including University of California at San Francisco (UCSF) and leading global online businesses and ASPs, including Citadon.

More information about Bharosa products is available at www.bharosa.com.

About Bharosa

Bharosa, Inc. is a privately held company founded in May 2003 and headquartered in Santa Clara, California. Bharosa offers online security solutions to protect against the rising risks of Phishing, Trojan and Proxy-based fraud. Patent-pending Tracker and Authenticator products offer purely Web-based, multifactor authentication and online fraud monitoring and detection. More information about Bharosa is available at www.bharosa.com.

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